Auto
The Insurance Corporation of British Columbia’s (ICBC) Board of Directors (BoD) has finalized the terms of reference for an independent review of the fairness and affordability of basic insurance rates in the province, with the idea being to limit future increases to the rate of inflation. Further, “an Expression of Interest seeking an independent third […]
By Canadian Underwriter | January 26, 2017
3 min read
Aviva Canada Inc. announced Wednesday it is offering “team-branded” home and auto insurance directly to fans of Toronto’s Raptors and Maple Leafs teams. In a partnership with Maple Leaf Sports and Entertainment, Aviva Agency Services Inc. will offer and administer home and auto insurance online. The insurance will be underwritten by S&Y Insurance Company, a […]
By Canadian Underwriter | January 19, 2017
1 min read
The Canadian Coast Guard (CCG) has reported that six crew members have been safety rescued after a tanker ran aground off Nova Scotia on Sunday. In a series of tweets, CCG reported that the vessel Arca 1 ran aground off Sydney Mines, N.S. The Joint Rescue Co-ordination Centre Halifax tasked a Cormorant helicopter and CCG […]
By Canadian Underwriter | January 9, 2017
2 min read
FREDERICTON – New Brunswick is resisting renewed calls to make snow tires mandatory, as provinces across the country take different legislative approaches to the annual slip and slide of winter driving. Green Leader David Coon says, just like seatbelts, mandatory winter tires would make it safer for motorists. “Everyone knows that if you have winter […]
By Canadian Underwriter | December 14, 2016
THE HAGUE, Netherlands – The Islamic State group is likely to carry out new attacks in the European Union in the near future, probably targeting countries that are members of the U.S.-led coalition fighting the extremist organization in Syria and Iraq, EU police agency Europol said in a report published Friday. “Estimates from some intelligence […]
By Canadian Underwriter | December 2, 2016
Transport Canada (TC) does not develop motor vehicle safety standards to respond to emerging risks and issues in a timely manner and does not systematically consult with important stakeholders, such as insurers, according to the Auditor General of Canada’s latest report. On Tuesday, Michael Ferguson, the Auditor General of Canada, released seven fall reports, including […]
By Canadian Underwriter | November 29, 2016
RICHMOND HILL, Ont. – DesRosiers Automotive figures for new vehicle sales in Canada in October – including previously unavailable sales numbers by Ford – saw a 5.2 per cent decline compared with the same month last year. An earlier version of the report on Tuesday, which excluded Ford sales, had shown a 5.7 per cent […]
By The Canadian Press | November 4, 2016
Canadians are “decidedly supportive” of the legislation that bans drivers from using hand-held devices in every province, and a majority believe the time has come to implement distracted walking legislation in their municipality, according to a new Canada-wide poll. Released on Wednesday, the poll from Vancouver-based Insights West was based on an online survey conducted […]
By Canadian Underwriter | October 27, 2016
DETROIT – Hyundai is recalling more than 74,000 midsize cars in Canada and the U.S. due to the possibility for panoramic glass sunroofs to come loose and fly into traffic. The recall covers certain Sonata midsize cars from the 2015 and 2016 model years, including gas-electric hybrids. The South Korean automaker says the recall affects […]
By Canadian Underwriter | October 24, 2016
The Government of Manitoba’s goal to enhance road safety is advancing with the announcement that 53,000-plus loans have been processed for provincial residents taking advantage of the low-interest Winter Tire Program. Helping Manitobans equip their vehicles with snow tires, the ultimate goal of the program is fewer winter collisions and safer roads, Crown services minister […]
By Canadian Underwriter | October 6, 2016
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